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20130206
20130206
Search Results 0 to 11 of about 12 (some duplicates have been removed)
several times in 2011 and 2012 in excomping for republicans agreeing to raise the debt ceiling and they were pushed off again during the year-end fiscal cliff negotiations. why another short-term deal? the president seems to believe that wear just going to buy a little bit more time that maybe congress with finally come to some resolution on a larger package. but for their part, republicans are saying perhaps maybe now it is time to pay the piper. back to you. >> thank you. >>> in our top stories, a partial win for virginia governor bob mcdonnell's plan to overhaul the state transportation funding. yesterday, the senate deadlocked on a deal while the house approved a $3.1 billion transportation proposal. at the center of the bill getting rid of the 17-cent gas tax and replacing it with an increased sales tax. senate can now amend or kill the house version of the bill. virginia is joining maryland and d.c. with a ban on texting behind the wheel. senate and house lawmakers have approved bills that would make day primary offense meaning you can be ticketing for texting and driving
with severe mandatory government spending cuts. it is the result of the 2011 deal that raised the debt ceiling he said he would prefer a comprehensive plan but he says congress still needs to take some sort of action. get a bigger package don by the time the sequester is scheduled to go into effect then i believe that they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaged a fact of the sequestered. republicans were quick to criticize the president's plan saying that it relies too heavily on tax increases. the u.s. government can use lethal force against an american overseas if that person is a senior operational leader of and al-of al-qaeda or its affiliates. several of them did kill americans in 2011 he was in yemen american but never charged with a crime grand plans for the town where osama bin laden's lived $30 million park would include watersports many sports and pair guiding the private venture is expected to take five years to complete. a course that was rescued at the last moment will now have a lasting legacy meet the wo
part of what we are seeing on the debt ceiling is the last fight over the debt ceiling back in the summer of 2011 turned out to be a terrible self-inflicted wound for the american economy. we saw consumer confidence plummets, our debt got downgraded. i think that's part of why i think even republicans who care very much about spending are nervous to use as a bargaining chip again, precisely we saw how damaging bringing into question the credit worthiness of the american government was. so am hopeful that we won't keep fighting over this, that we'll have the right fight, which is what she' just any become whicho about the deficit, and not should we pay the bill. i think that's a terrible what. >> and there's a very interesting question about whether, in retrospect, whether republicans leveraging the debt limit in the summer of 2011 could get a bill that cut spending by one to $2 trillion going forward, whether, in fact, that was worth it. because what they did was they introduce liquidity rates by saying hey, if you don't cut spending when not going to vote for a debt limit.
and 2012 in exchange for republicans agreeing to raise the debt ceiling. they were once again pushed off for of -- 60 days as part of the fiscal cliff negotiations. the president believes he can buy more time and perhaps lawmakers will come to an agreement and so he is pushing for yet another short-term deal. but there are some republicans here on capitol hill that say maybe they are willing to let the sequestrations, these automatic cuts kick in because they believe there has been too much kicking the can down the road and they think this may be the only way to achieve true deficit reduction. duction. back to you guys. >> time is running out quickly. thank you. >>> d.c. mayor vincent gray focused on the successes of the city during his third annual state of the district address. last night's speech was held at the sixth and i historic synagogue in northwest. the mayor rolled off a number of achievements that he says prove the district is well on its way to being a big league world class city. he touted a drop in climb, unprecedented development and the creation of 2,000 private sexer j
deal on the debt ceiling. then came the fiscal cliff, that was the next chance to prevent all of the cuts. washington punted, they said hey, three more months, we'll solve it then. nope. now three months is coming so guess what? they will punt again. you know what, thinking about it today, it reminded me a lot about this. ♪ put your little hand in mine ♪ put your little hand in mine ♪ put your little hand in mine ♪ there ain't no hill or mountain we can't climb ♪ >> that of course was "groundhog day." at least they had a good song. we have to listen to the terrible voices of people in washington. "outfront," michael waldman from nyu school of law, and michael medved, conservative commentator. great to see both of you. the president asking for a smaller package because a bigger deal can't get done. how is this moving the ball forward? there's blame to go on both sides here but it is pathetic. >> i think he probably would say that it's better to kick the can down the road than to kick the economy off the cliff. this is kind of a self-inflicted answer to a concocted cri
-minute debt ceiling deal, there was a warning that came with the relief: >> "this is, however, just >> "anybody that thinks that this is the end of the story, or you can take a deep breath and move on, is >> pam: what now-retired senator conrad described then, is very real today. unless there's a budget deal by march first, sequestration--the word for steep mandatory budget cuts to domestic and defense programs-- begins. >> "there is no reason that the jobs of thousands of americans who work in national security or education or clean energy, not to mention the growth of entire economy should be put in jeopardy because folks in washington couldn't come together." >> pam: president obama said tuesday that if congress can't pass a comprehensive plan, it should at least agree to a calls "a balanced mix of spending cuts and tax reform" to avert the sequester. house republicans counter-- the ball is the president's court. >> "the house, on two occasions, has passed a plan to replace the sequester. it's time for senate democrats to do their work, it's time for the president to offer his id
. that was an exchange for republicans agreeing to raise the debt ceiling. and january 1st, the fiscal cliff deal, decided to push it off for 60 days and now here we are. under the terms of the earlier budget deals, now must find $85 billion somewhere by march 1st otherwise pentagon spending will shrink. and medicare will take a 2% reduction. the president and democrats prefer an option that raises more money by closing tax loopholes. republicans want to stick with spending cuts saying they've already agreed to tax hikes. 448,000 jobs in dc, maryland and virginia could be affected. concerned about the impact on our economy. >> sequestration will hurt not only the defense side but the nondefense side. my committee funds the fbi. there will probably be furloughs at the fbi and the national cancer institute, nih. defense and nondefense. >> that hurts the broader economy. people are concerned about their jobs and don't know the impact on their bank accounts. that holds them from spending on movies and restaurants and theaters. thinks he has time to buy a little bit more of a deal. let republicans and
Search Results 0 to 11 of about 12 (some duplicates have been removed)